MBUUNasdaqShip & Boat Building & RepairingUS GAAP · USD

Malibu Boats, Inc

Malibu Boats, Inc. designs, manufactures and markets recreational powerboats under eight brands, with a portfolio spanning performance sport boats, sterndrive boats and outboard boats. The company is especially known for water-sports-oriented products such as wakeboarding, water skiing and wake surfing boats, alongside saltwater fishing brands and accessories/aftermarket parts.

Kysy yhtiöstä
Liikevaihto915milj. USD
+13,3 %v/v
Liikevoitto (EBIT)3,1milj. USD
−85,8 %v/v
EBIT-marginaali0,3%
−2,4 %-yks.v/v
Nettotulos1,7milj. USD
−88,9 %v/v
Vapaa kassavirta42,8milj. USD
+49,9 %v/v

Tilikausi 2026 · muutos edellisvuodesta

Kehitys 2021–2026

−50005001 0001 500milj. USD2021: 927 milj. USD2021: EBIT 150 milj. USD20212022: 1 215 milj. USD2022: EBIT 214 milj. USD20222023: 1 388 milj. USD2023: EBIT 145 milj. USD20232024: 829 milj. USD2024: EBIT −56 milj. USD20242025: 808 milj. USD2025: EBIT 22 milj. USD20252026: 915 milj. USD2026: EBIT 3,1 milj. USD20269153,1
LiikevaihtoLiikevoitto (EBIT)
Kysy Clarifolta: Malibu Boats, Inc

Liiketoiminta

Osuus liikevaihdosta
Performance sport boats39 %

Premium wake, ski and surf boats sold mainly under Malibu and Axis.

Saltwater fishing boats34 %

Outboard fishing and coastal recreation boats sold under Pursuit and Maverick Boat Group brands.

Sterndrive boats27 %

Cobalt-branded sterndrive boats positioned for premium recreational use.

Accessories and aftermarket parts0 %

Replacement parts and accessories sold to support the installed base and dealer network.

Technology licensing and royalties0 %

Royalty income from use of proprietary wake-surfing technology by other manufacturers.

Tuotteet

Raportoitu · osuus liikevaihdosta
97,6%FY2026100 %
  • Boatand Trailer Sales97,6 %
  • Part and Other Sales2,4 %

Lähde: 10-K FY2026, yhtiön tuotelinjoittain raportoima liikevaihto (SEC XBRL). Osuudet on laskettu näytetyistä riveistä ja ne summautuvat 100 %:iin.

Asiakkaat

Customers are primarily recreational boat buyers in the U.S. who want premium performance, water-sports capability or fishing utility. Malibu and Axis target wake-sport enthusiasts and buyers seeking a premium or entry-level performance boat, while Pursuit, Maverick, Cobia, Pathfinder and Hewes serve saltwater fishing and general recreational boating customers.

Performance sport boat buyers

Buy Malibu and Axis boats for wakeboarding, waterskiing and wakesurfing performance, comfort and brand prestige.

Saltwater fishing customers

Buy Pursuit, Maverick, Cobia, Pathfinder and Hewes boats for fishing, coastal use and utility.

Premium recreational boat buyers

Buy Cobalt sterndrive boats for higher-end general recreation and family boating.

Value-conscious performance buyers

Buy Axis boats for a more affordable entry into performance boating with upgrade options.

Aftermarket and parts customers

Buy accessories and replacement parts to maintain and customize existing boats.

Strategia

The company’s strategy is to broaden its addressable market by covering multiple boat categories and price points across eight brands. It emphasizes proprietary innovation such as Surf Gate, premium product design and multi-purpose features to defend share in performance sport boats while expanding into adjacent fishing and sterndrive markets.

Defend leadership in performance sport boatsLyhyt aikaväli

This is the company’s core brand equity and a key source of differentiation.

Expand across adjacent recreational boat categoriesKeskipitkä aikaväli

Broader category coverage reduces cyclicality and increases total addressable market.

Improve value proposition across price tiersKeskipitkä aikaväli

Serving premium and value-conscious buyers helps capture more of the market.

Maantiede

Q1/2026

The company is headquartered in Loudon, Tennessee and sells primarily in the United States, which is also the core addressable market cited in its filings. Management notes that Malibu’s performance sport boat business is a U.S. market leader, while some products and technology are also marketed or licensed internationally through dealers and representatives.

USA83 %
Other countries (US filing)17 %

Osuus liikevaihdosta, jonka yhtiö raportoi maantieteellisesti.

Riskit

The business is exposed to cyclical demand, dealer inventory swings and a large fixed-cost base, so lower sales can pressure margins quickly. It also faces product liability, warranty and litigation risk, plus execution risk in manufacturing and supply chain management; as a holding company, Malibu Boats, Inc. depends on distributions from its operating LLC for liquidity.

Järjestetty vakavuuden mukaan
MatalaKohtalainenKorkeaMatalaKohtalainenKorkeaVaikutus →Todennäköisyys →Product liability and class action litigation1Cyclical demand and dealer inventory correction2Large fixed-cost base3Manufacturing and supply chain execution4Liquidity dependence on subsidiary distributions5
Vaikutus on riskin vakavuus ja todennäköisyys sen toteutumisen todennäköisyys lähivuosina, molemmat arvioitu yhtiön raporttien perusteella. Numerot vastaavat listaa.
  1. Product liability and class action litigationVaikutus: KriittinenTodennäköisyys: Korkea

    Boats can cause injury or death if defects or warnings are inadequate, leading to claims and reputational damage.

    KohdistuuWarrantyLegal reservesBrand reputation
  2. Cyclical demand and dealer inventory correctionVaikutus: KorkeaTodennäköisyys: Korkea

    Recreational boats are discretionary purchases and dealer stocking can amplify swings in shipments.

    KohdistuuU.S. consumer demandDealer channel inventory
  3. Large fixed-cost baseVaikutus: KorkeaTodennäköisyys: Korkea

    Factory and overhead costs are difficult to flex quickly, so lower production reduces margin absorption.

    Kohdistuu: Manufacturing utilization and gross margin

  4. Manufacturing and supply chain executionVaikutus: KorkeaTodennäköisyys: Korkea

    The company must manage production quality, component availability and cost to protect profitability.

    KohdistuuSupplier disruptionsLaborQuality control
  5. Liquidity dependence on subsidiary distributionsVaikutus: KeskitasoTodennäköisyys: Matala

    Malibu Boats, Inc. has no material operating assets and relies on the LLC for cash.

    Kohdistuu: Holding-company cash flow and debt covenants

Kysy Clarifolta: Malibu Boats, Inc

Kirjanpito

Harkinnanvaraiset erät
Revenue recognition timing

Boat and parts revenue is recognized when shipped, so quarter-end shipment timing can move revenue between periods.

Vaikutus: Can create volatility in reported sales and margins

Warranty reserves

Management must estimate future warranty costs based on historical claims and product experience.

Vaikutus: Affects cost of sales and operating profit

Goodwill and intangible impairment

Brand and acquisition-related assets may need write-downs if market conditions weaken.

Vaikutus: Can cause non-cash charges and reduce equity

Long-lived asset impairment

Declines in sales or cash flows can trigger impairment testing for manufacturing assets.

Vaikutus: May lead to asset write-downs and earnings volatility

Tax receivable agreement and LLC structure

The holding-company structure and tax agreement create cash distribution and tax-related estimates.

Vaikutus: Affects liquidity, cash taxes and other liabilities

Samankaltaisia listattuja yhtiöitä

Julkisesti listattuja yhtiöitä, joilla on samankaltainen liiketoiminta.

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Polaris Inc.

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Massimo Group

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Johnson Outdoors Inc

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Päivitetty: 24.9.2026

Malibu Boats, Inc (MBUU) liikevaihto, tulos ja tunnusluvut 2026 – Clarifo